Systemic Solvency Club: Difference between revisions
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{{a|crr|}}The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB. | {{a|crr|}}==What is Systemic Solvency Club?== | ||
[[Systemic Solvency Club]] (“'''[[SSC]]'''”) is a secretive the global {{strike|cabal|community}} of central bankers, bank regulators, Medicis, ministers of finance, bank chief executives, and their assorted minions and acolytes, who form committees, attend councils, convene forums, publish working papers and periodically gather at a hotel retreat in the Denver mountains called “The Meadows” to benignly oversee the rules, protocols and conventions of international finance that keep the rest of us safe from harm, rapacity, hubris, stupidity and ignorance in the deployment of international capital. | |||
==How is that going?== | |||
No workplace accidents for {{strike|4,509|7}} days. | |||
==Who is in Systemic Solvency Club?== | |||
If you have to ask, it isn’t you. | |||
==Is it the one with Colonel Sanders and the Queen?== | |||
That’s the pentavirate. | |||
==But is Colonel Sanders in this one as well?== | |||
I can’tcanswer that. | |||
==The first rule of SSC== | |||
The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB. | |||
This includes ''denying'' you are talking about SSC. The following, therefore aren’t in SSC or, if they are, will be appearing before a disciplinary soon. | |||
*24 March 2023: '''The Euro banking area''': [https://en.mercopress.com/2023/03/17/euro-area-banking-sector-is-resilient-with-strong-capital-and-liquidity-positions-ecb-president-lagarde Lagarde: the euro area banking sector is resilient with strong capital and liquidity positions] | |||
*24 March 2023: '''Deutsche Bank''': [https://www.ft.com/content/963d8fde-1bd0-4285-98f4-715248119f2a “Deutsche Bank has fundamentally modernised and reorganised its business and is a very profitable bank,” Scholz said, “There is no reason to be concerned about it.”] | *24 March 2023: '''Deutsche Bank''': [https://www.ft.com/content/963d8fde-1bd0-4285-98f4-715248119f2a “Deutsche Bank has fundamentally modernised and reorganised its business and is a very profitable bank,” Scholz said, “There is no reason to be concerned about it.”] | ||
*23 March 2023: '''Charles Schwab''': [https://news.yahoo.com/charles-schwab-liquidity-withstand-complete-171251343.html Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says] | *23 March 2023: '''Charles Schwab''': [https://news.yahoo.com/charles-schwab-liquidity-withstand-complete-171251343.html Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says] | ||
*23 March 2023: '''The | *23 March 2023: '''The whole US Banking system (Citigroup)''': [https://thehill.com/business/economy/3914243-citigroup-ceo-the-banking-system-is-pretty-sound/ Citigroup CEO says banking system ‘pretty sound’] | ||
*20 March 2023: '''The whole French Banking System''': [https://www.bloomberg.com/news/articles/2023-03-20/villeroy-says-french-banks-business-model-is-stable-profitable Villeroy Says French Banks’ Business Model Is Stable, Profitable] | *20 March 2023: '''The whole French Banking System''': [https://www.bloomberg.com/news/articles/2023-03-20/villeroy-says-french-banks-business-model-is-stable-profitable Villeroy Says French Banks’ Business Model Is Stable, Profitable] | ||
*16 March 2023: '''The | *16 March 2023: '''The whole US Banking system (Fed)''': [https://apnews.com/article/yellen-banking-federal-reserve-silicon-valley-bank-dfd110d0b55d3284afaafc4677616b9e Yellen declares bank system sound] | ||
*9 March 2023: '''Signature Bank''': [https://www.marketwatch.com/story/signature-bank-says-its-financial-position-is-strong-but-stock-falls-anyway-56d5ffff Signature Bank says its financial position is ‘strong’] | *9 March 2023: '''Signature Bank''': [https://www.marketwatch.com/story/signature-bank-says-its-financial-position-is-strong-but-stock-falls-anyway-56d5ffff Signature Bank says its financial position is ‘strong’] | ||
*9 March 2023: '''Silicon Valley Bank''': [https://www.theinformation.com/articles/silicon-valley-bank-ceo-tells-vc-clients-to-stay-calm the bank has “ample liquidity to support our clients”] | *9 March 2023: '''Silicon Valley Bank''': [https://www.theinformation.com/articles/silicon-valley-bank-ceo-tells-vc-clients-to-stay-calm the bank has “ample liquidity to support our clients”] | ||
*30 September 2022: '''Credit Suisse''': [reuters.com/business/finance/credit-suisse-has-strong-capital-base-liquidity-ceo-memo-2022-09-30/ Credit Suisse has strong capital base and liquidity] | *30 September 2022: '''Credit Suisse''': [https://www.reuters.com/business/finance/credit-suisse-has-strong-capital-base-liquidity-ceo-memo-2022-09-30/ Credit Suisse has strong capital base and liquidity] | ||
{{Sa}} | |||
*[[Tier 1 capital]] |
Latest revision as of 05:47, 25 March 2023
Regulatory Capital Anatomy™
The JC’s untutored thoughts on how bank capital works.
|
What is Systemic Solvency Club?
Systemic Solvency Club (“SSC”) is a secretive the global cabal community of central bankers, bank regulators, Medicis, ministers of finance, bank chief executives, and their assorted minions and acolytes, who form committees, attend councils, convene forums, publish working papers and periodically gather at a hotel retreat in the Denver mountains called “The Meadows” to benignly oversee the rules, protocols and conventions of international finance that keep the rest of us safe from harm, rapacity, hubris, stupidity and ignorance in the deployment of international capital.
How is that going?
No workplace accidents for 4,509 7 days.
Who is in Systemic Solvency Club?
If you have to ask, it isn’t you.
Is it the one with Colonel Sanders and the Queen?
That’s the pentavirate.
But is Colonel Sanders in this one as well?
I can’tcanswer that.
The first rule of SSC
The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB.
This includes denying you are talking about SSC. The following, therefore aren’t in SSC or, if they are, will be appearing before a disciplinary soon.
- 24 March 2023: The Euro banking area: Lagarde: the euro area banking sector is resilient with strong capital and liquidity positions
- 24 March 2023: Deutsche Bank: “Deutsche Bank has fundamentally modernised and reorganised its business and is a very profitable bank,” Scholz said, “There is no reason to be concerned about it.”
- 23 March 2023: Charles Schwab: Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says
- 23 March 2023: The whole US Banking system (Citigroup): Citigroup CEO says banking system ‘pretty sound’
- 20 March 2023: The whole French Banking System: Villeroy Says French Banks’ Business Model Is Stable, Profitable
- 16 March 2023: The whole US Banking system (Fed): Yellen declares bank system sound
- 9 March 2023: Signature Bank: Signature Bank says its financial position is ‘strong’
- 9 March 2023: Silicon Valley Bank: the bank has “ample liquidity to support our clients”
- 30 September 2022: Credit Suisse: Credit Suisse has strong capital base and liquidity